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Question 5 - Agricultural Science



Question

A farmer bought a farm implement for 12,500 in 2007 . At the end of the fourth year he sold if for #4,300. Use information to answer the question.

The annual depreciation of the implement is

Options

A) #4,300

B) #3,125

C) #2,050

D) #1075

Correct Answer

The correct option is B.

Question Information

This question was adopted from 2015 WAEC past questions.

Explanation

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